Major developments:

USD is now at 81.70. USDINR opened at 81.69. Fwd premia – 1 year fwd

premia is at 2.17% p.a. Fed Minutes is the key event for the week.

RBI ref rate:

-USDINR is at 81.70 .Prior day’s close was 81.84.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 7.33%.

-USDINR 1 yr fwd premia is at 2.17%.

USDINR @ 81.70, EUR/USD@ 1.0259, GBP/USD @ 1.1854, USD/JPY @ 141.69, EUR/INR @ 83.83, GBP/INR @ 96.89, JPY/INR @ 57.67

Gold@1745, Brent Crude @ 87.85, Nifty @ 18201(+41), 10 Year G-SEC @ 7.33%.

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